Real Estate
June 2011 Seattle Condo Market Report
Seattle condominium sales activity was solid in June 2011 while condo prices remained soft.
The Sanctuary Resurrected
Capitol Hill’s Sanctuary development to be reborn under new ownership, a new marketing firm and expected lower prices.
FHA and Conforming Loan Limits Expected to Reduce
The FHA and conforming loan limits are expected to reduce by $61,500 effective October 1, 2011.
Condo events and updates
A couple of condo related events are coming up this week including an investment seminar and a design review board meeting for the Joseph Arnold Lofts. The 7800 Plaza and Gallery Condominium are close to selling out their remaining units.
Marselle Condominium Revisited
The Marselle Condominium quietly but surely continues to sell well, now 70% sold. It’s one the last remaining new construction condo buildings in the downtown Seattle area offering affordable home options.
Seattle Condo Project Updates
Bellevue condo sales heat up, the Enclave at Lake Union re-emerges, Fairview Condos closing out, Harvard & Highland sales improve and Olive 8 introduces furnished Sky Suite options.
Condo Owners Insurance (HO-6 Policy)
Condo insurance is a must have for condo owners. They are inexpensive and provide comprehensive coverage for the unit’s interior, personal property, liability and assessments.
National Open House Weekend – June 4th & 5th
The Nationwide Open House Weekend event is coming this weekend, June 4th & 5th, across the country; up to 7,000 open houses in Washington State expected.
Olive 8 Sales Pick Up
Condo sales at Olive 8 have picked-up momentum in May; overall there’s been 25 sales since the beginning of the year.
New Search Features – Open Houses and Sold
We’ve improved our condo search features with open house, sold properties and better short sale and school search options.
